Samurai Capital Corp. announced a non-brokered private placement of up to 8,000,000 common shares at a price of CAD 0.10 per share for gross proceeds of up to CAD 800,000 on March 21, 2022. The private placement is subject to TSX Venture Exchange approval, and all securities issued are subject to a four-month hold period.

The company may pay finder's fee in the transaction, all in accordance with the policies of the TSX Venture Exchange and applicable securities laws.